Applied Statistics in Business and Economics Quiz 1 With Instructor Notes

University of Phoenix OnlineCourse: RES / 341QUIZ # 1(Chapter 3 and 4 from Applied Statistics in Business and Economics )45 Questions [Each Question = 1 Point]SOLUTIONPlease mark esthesis answer for totally multiple choice questions with RED!Chapter 3Multiple Choice1. Which is non a tip for effective bar charts?A) Time unremarkably goes on the horizontal axis. B) Bar height or length should be proportional to the quantity displayed. C) Label data set at the top of each bar unless graphing lots of data. D) The non-zero instauration curb may be waived for financial reports. serve: D2. The ______________can be employ to differentiate the ?vital few? causes of quality problems from the ? ineffectual more? causes of quality problems. A) histogramB) scatter plotC) Pareto chartD) box plot attend to: C3. When using a patter plot to visualize a scattering which of the future(a) is least apparent?A) Dispersion of data indoors the distribution. B) primaeval tendency of data within the distribution. C) Location of data within the distribution. D) The shape of the distribution. Answer: D4. Which is not a useful symptomatic of a full point plot?A) Simplicity. B) Legibility. C) Causation. D) Association. Answer: C5. Which display is around likely to break dance association?A) Dot plot. B) Scatter plot. C) Histogram. D) radar chart. Answer: B6.

We suffer that the ideal number of classes in a frequency distribution willA) reflect Sturges? Rule. B) be based on aesthetic judgment. C) admit ?nice? class (bin) limits. D) have all of the above characteristics. Answer: D7. Which is a reason for using a pound de! nture for time series data?A) It is easier to match rates of diverge in time series of mixed magnitude. B) General affair audiences find it easier to interpret a log scale. C) On a log scale, concern distance represents equal dollar amounts. D) arithmetic scales are harder... If you want to get a full essay, graze it on our website: BestEssayCheap.com

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